International sales of the product increased 34% in the first eight months of the year over the same period of 2016, according to the sector’s association Abraciclo. South America countries are the main destinations.
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The Institute of Geography and Statistics (IBGE) said 240.9 million tons will be harvested in the country this year. Despite the bigger crop than last year’s, the estimate from August is smaller than the one from July.
In an interview to ANBA, the president of the Brazilian Development Bank, Paulo Rabello de Castro, told about a trip to the Gulf seeking partnerships. He will give a lecture at the Arab Chamber, in São Paulo, on September 19.
Exports totaled USD 4.56 billion and imports, USD 3.18 billion, in September’s first two weeks, according to the Ministry of Industry, Foreign Trade and Services (MDIC).
The company said the sale of one unit in the state of Mato Grosso do Sul and one in Paraná is now underway as part of its divestment plan.
From January to August, exports to Arabs climbed 5% in volume, according to the Brazilian Coffee Exporters Council (CECAFÉ). The performance is opposite to general sales, which declined 9.2% in the same period.
The financial market increased its forecast for the Brazilian economy in 2017 for the third consecutive time. It expects the GDP to grow 0.6% this year.
The Middle East is the primary market for São Paulo-based cosmetics brand SPHair. Half of the company’s distributors in the region are women.
The country is a priority for the 2017-2019 edition of a project, renewed recently, created by the sector’s association, ABIMAPI, and exporting agency Apex-Brasil. The sector will be at the Yummex fair in Dubai this month.
Hatem Masri came to Brazil fleeing the war in Syria. Now, he sells specialties of the Arab cuisine in a recently-opened space at Brigadeiro Faria Lima avenue.
A show in Forquilhinha, Santa Catarina features over 1,000 boxes with photograph and illustration prints, including ones from the Arab country that date from the 1950s.
The number of constructed buildings in the emirate reached 913 from April to June, 162 more than in the same period of 2016. Increase in population and the urban growth rate impacted the numbers.
The power plant ended August with 100% productivity and generation of 7.23 million megawatts per hour. 2017 can be among the five best years of the Itaipu power plant since it was opened.
Free trade agreement between Mercosur and Egypt went into effect last week. In an interview to ANBA, Brazil’s secretary of Foreign Trade, Árabe Neto, said that 63% of the bloc’s exports will be covered immediately.
